The owners' equity accounts for Octagon International are shown here: Common stock ($.40 par value) Capital surplus Retained earnings $ 32,500 315,000 698,120 Total owners' equity 1,045,620 a-1. The company declares a four-for-one stock split. How many shares are outstanding now? (Do not round intermediate calculations.) a. The company declares a four-for-one stock split. What is the new par value per 2. share? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) b-1. The company declares a one-for-five reverse stock split. How many shares are outstanding now? (Do not round intermediate calculations.) b- The company declares a one-for-five reverse stock split. What is the new par value 2. per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a-1. New shares outstanding a-2. New par value b-1. New shares outstanding b-2. New par value per share per share